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Troy, NC

Full City Profile · North Carolina · Montgomery County County

3.0 /5.0
B Good
2,905 Population 794/sq mi density
$60,167 Median Income $27,042 per capita
$134,500 Home Value $188,695 Zillow
$554 Median Rent 18.5% income on rent
62°F Avg Temperature 310 sunny days/yr
571 Violent Crime/100K 2,946 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$60,167 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$134,500 home value, $554/mo rent
F
Safety
1.0 / 5.0
571 violent crimes/100K (50% above avg)
C+
Education
2.9 / 5.0
23.5% bachelor's degree or higher

Income Overview

Median Household Income
$60,167
20% below
US avg: $75,149
Per Capita Income
$27,042
31% below
US avg: $39,052
Unemployment Rate
0.8%
78% below
US avg: 3.6%
Poverty Rate
25.3%
104% above
US avg: 12.4%

Income Comparison: Troy vs. U.S. Average

Each bar shows Troy’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,167
80%
Per Capita
US: $39,052
$27,042
69%
IRS Avg AGI
US: $72,000
$62,328
87%
Avg Weekly Wage
US: $1,432
$941
66%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$941
34% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
13.1%
14% below US avg (15.2%)
Drive Alone
77.4%
6% above US avg (73.2%)
Public Transit
0.2%
95% below US avg (5.0%)
County GDP
$1,470M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 77.4%
Public Transit 0.2%
Work From Home 13.1%
Other 9.3%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
620
Restaurants
42
Healthcare
38
Retail
93
Manufacturing
59

Tax & Financial

IRS Avg Adjusted Gross Income
$62,328
13% below US avg ($72,000)
Avg Property Tax
$4,377
25% above US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,167
Per Capita Income$27,042
IRS Avg Adjusted Gross Income$62,328
Avg Weekly Wage$941
County GDP$1,470M

Hardship Indicators

Unemployment Rate0.8%
Poverty Rate25.3%
Gini Coefficient0.475
Cost of Living Index94.3

Commute

Mean Commute25 minutes
Drive Alone77.4%
Public Transit0.2%
Work From Home13.1%

Businesses

Total Establishments620
Restaurants42
Healthcare38
Retail93
Manufacturing59

Tax

IRS Avg AGI$62,328
Avg Property Tax$4,377